(Boursier.com) — Ecoslops achieved a turnover for the 1st half of 2022 of 8.9 million euros (3.1 ME in the 1st half of 2021), an increase of +188% on a current basis and +118% on a comparable basis.
The group’s turnover benefited in the 1st half of 2022 from the strengthening of its activity with a strong increase in sales of refined products in volume, of +98% at current scope (+53% at comparable scope), representing 13,496 tonnes . The group also benefits from an 88% improvement in the average selling price linked to the very favorable conditions on the energy markets (+78% linked to the rise in Brent and the dollar). It also records the results of the operational improvement efforts carried out on the units.
Outlook
In the Refined Products business, the group remains confident about its production targets: 25,000 tonnes by Ecoslops Portugal and 10,000 tonnes by Ecoslops Provence, which continues to ramp up.
With regard to the Scarabox, the construction of the first unit, intended for the company Valtech Energy in Cameroon, has been completed. The unit is ready to be transported to its operating site in Kribi.
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